Apple’s iPhone sales might not rebound until late 2020, analysts say


Apple iPhone X & XS

While Apple has been having a pretty tough time lately, many analysts believe iPhone sales will start to pick up again in the second half of 2019. UBS analysts, however, are much less optimistic about the whole situation.

In an analyst note seen by Business Insider, UBS noted that Apple “hit a wall” last quarter trying to sell iPhones to consumers and, despite efforts to boost sales through trade-in promotions, the issues have likely been “carried over into the current quarter.” In fact, UBS warns that the issues …

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